CFTC Crude Oil Non-Commercial Net Positions reported at 62.7K - ForexCracked
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Event recap USD

CFTC Crude Oil Non-Commercial Net Positions reported at 62.7K

Published Jul 17, 20:01 UTC
Impact
4/ 10, low
Market reaction Live, FXC rate feed
PairNowSince publish
EURUSD
USDJPY
Change measured from story publish at 20:01 UTC, from our own MT4 feed.

The CFTC Crude Oil Non-Commercial Net Positions were reported at 62.7K USD. This figure follows the previous reading of 75.7K USD. No consensus figure was available for this release.

Following the release, market reaction was observed across several pairs within 15 minutes. AUDUSD moved +1.9 pips, EURUSD +2.1 pips, and GBPUSD +3.3 pips. NZDUSD saw a +1.0 pip change. USDCAD moved -0.4 pips, USDCHF -1.1 pips, and USDJPY -1.0 pips. Gold, XAUUSD, moved +47 pips. Compared to typical 1-hour moves, which for AUDUSD, EURUSD, NZDUSD, USDCHF, and USDJPY are around 3 pips, the observed 15-minute moves were generally small. GBPUSD’s 15-minute move of +3.3 pips was also below its median 1-hour move of 4 pips. USDCAD’s -0.4 pip move was small compared to its median 1-hour move of 5 pips. XAUUSD’s move of +47 pips was notably larger than its median 1-hour move of 10 pips.

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